Potential Absentee Moving & Storage Company in Sou

Relocatable, FL
Broward County


Asking Price: Annual Revenue:
$499,000 $675,526

Services: Moving & Storage


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RE: Potential Absentee Moving & Storage Company in Sou Broker: JESSE PERAZA

Quick Facts

Asking Price: $499,000
Annual Revenue: $675,526
Net Profit: Not Disclosed
Cash Flow: $225,050
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 9
BBN Listing #: 2390630
Broker Reference #: 2201751357

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Business Overview:

Moving and storage company with absentee potential. Started and established 1.5 years ago by an experienced moving & storage business family with a large operation in California. Hardworking husband and wife with small children ventured out to expand the family business in south Florida and have built a great turnkey operation that can be stepped right into! They have decided to now relocate, the company has established a flat-rate pricing system which they have even written a book about, that pays employees 30% of the price of the job, split between the crew, with driver/foreman getting a bigger cut of the 30%, they have also established an innovative outsourced sales team based out of the country at pay that averages around 4-5% of sales. This system allows the company to net a higher percent margin than typical moving companies and employees feel they are part of ownership as they get a percentage of jobs. (9) 1099 employees with 4 drivers, most of whom have been with the company for 1.5 years, a big plus. The equipment consists of 4 tracks, (2) Kenworth 26 ft box trucks, (1) Isuzu 18 ft with lift, and (1) 26 ft Hino with lift value of approximately $150k. The company could be moved to a larger space but has a 3-year verbal lease agreement that could become a written agreement for a new owner on the sublease of approximately 3,000 square feet warehouse consisting of around 1,500 in offices and another 1,500 in warehouse space as they didn’t want to commit to space long term in case they needed more space. The current sublease price is $2,262 a month and includes a vacant lot next door to park trucks. Currently, they don’t do much storage or advertise for it because of space limitations and sublease space as needed for storage nearby but room to grow in that area. The numbers attached are for the trailing 12 months ending in May which is the first 5 months of 2022 and 7 months in 2021. Going into high season, the company has over $70,000 on books in scheduled jobs this coming month. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact listing agent Jesse Peraza. Please refer to listing #2201751357.

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Property Features and Assets:

Lease/Month: $2,262; Square Footage: 3,000; Building Type: Warehouse; Terms & Options: available; Expiration Date: 6/1/2025.

Market Competition and Expansion:

Non Compete : Miles: 300 Years: 3.

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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